Softbank – backed OLA electric to recall 1444 e-scooters
Softbank-backed Ola Electric said that it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire, prompting a government probe...
Taiwan firms in China hub make uneven restart
Taiwan firms making chip and electronic components reported a mixed picture on work resumption in the eastern Chinese city of Kunshan after COVID curbs,...
Honda to spend $64 BLN on R & D
Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade. This has laid out an ambitious target...
Yachtmaker Ferretti braves choppy waters with IPO valuing it at upto $1.2 BLN
Italian luxury yacht maker Ferretti Group launched a Hong Kong initial public offering. This values the company at up to $1.2 billion. Ferretti, whose...
Bentley to roll out one electric car annually for five years from 2025
Luxury carmaker Bentley unveiled plans to build a new electric model annually for five years from 2025. This announcement is after its annual profit...